Hexagon acquires CADLM to enhance its Smart Manufacturing autonomous and digital twin capabilities
By MYBRANDBOOK
Hexagon AB, a global leader in sensor, software and autonomous solutions, today announced the acquisition of CADLM SAS, a pioneer in powering computer-aided engineering (CAE) with artificial intelligence (AI) and machine learning to revolutionise the impact of simulation in product development processes and lifecycles.
Founded in 1989, France-based CADLM has years of experience developing computational design and optimisation methods for industrial products and processes, and since 2014 has been developing AI and machine learning solutions. Its ODYSSEE software platform applies AI and machine learning to real-world sensor data and physics-based simulation data to produce accurate, predictive models of a product at efficient computing power levels. The combination enables faster, more efficient simulations of dynamic, multi-physics phenomena – such as automotive crash and safety – that fully characterise and understand real-world product behaviour. This insight enables engineers to explore the design space more extensively and interactively and improve next-generation products without prohibitive computing cost or time.
Furthermore, the pervasive use of the digital twin beyond the early design phase enables manufacturers to leverage image recognition, predictive simulation and fault prediction to address challenges such as downtime, throughput, quality and flexibility throughout the manufacturing process.
“The convergence of CAE with advances in data management, AI, machine-learning and an increasingly connected manufacturing lifecycle is transforming the industry’s ability to address increasingly complex design challenges with rapid innovation and increased productivity,” says Hexagon President and CEO Ola Rollén. “CADLM’s AI knowledge and technology further strengthen our Smart Manufacturing solutions portfolio, putting data to work beyond the early design phase to improve product design innovation, manufacturing productivity, product quality and environmental sustainability through reductions in material waste.”
CADLM will operate as part of Hexagon’s Manufacturing Intelligence division. The acquisition has no significant impact on Hexagon’s earnings. Completion of the transaction (closing) is subject to normal closing conditions.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : Dilip Asbe
At present, Dilip Asbe is heading National Payments Corporation of Ind...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
Icons Of India : PRATIVA MOHAPATRA
Prativa is a transformational leader with an incredible breadth of exp...
CERT-IN - Indian Computer Emergency Response Team
CERT-In is a national nodal agency for responding to computer security...
IFFCO - Indian Farmers Fertiliser Cooperative
IFFCO operates as a cooperative society owned and controlled by its fa...
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
Indian Tech Talent Excelling The Tech World - Sundar Pichai, CEO- Alphabet Inc.
Sundar Pichai, the CEO of Google and its parent company Alphabet Inc.,...
Indian Tech Talent Excelling The Tech World - NEAL MOHAN, CEO - Youtube
Neal Mohan, the CEO of YouTube, has a bold vision for the platform’s...
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...